About This Home

This 0-bedroom, 0-bathroom multi-family at 407 Madison Avenue in Helena, MT is listed for $630,000 ($180 per sqft). Built in 1880, the home offers 3,500 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1880
  • 0.17 acre lot

Property Details

1880
Listing Description

Investment opportunity with many possibilities! Own a piece of Helena history while generating steady rental income. Located in the sought-after Mansion District, this classic Victorian has been converted into a fourplex, offering flexibility for both investors and owner-occupants.

Rent all four units for maximum income, or easily combine two of the units to create a spacious owner's residence while leasing the remaining two units to help offset your mortgage. Residents will appreciate the unbeatable location, just minutes from all that downtown Helena has to offer, including shopping, dining, entertainment, and trails.

Each unit is separately metered for electricity, with the owner covering the water and gas utilities. Off-street parking is available in the rear, and the generously sized lot also presents exciting potential for future infill development. With a strong rental history-including one long-term tenant of more than a decade-this well-maintained property offers dependable income today and exciting opportunities for tomorrow.

Whether you're expanding your investment portfolio, seeking an owner-occupied income property, or exploring future development potential, this timeless Helena Victorian is ready to deliver.

Monthly Cost Estimate

$3,369/mo

20% down · 6.5% · 30 years

Principal$456
Interest$2,730
Insurance$184

Estimates only. Actual payments may vary.

Location

407 Madison Avenue

Helena, MT 59601

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 407 Madison Avenue is listed at $630,000 ($180/sqft). The estimated monthly payment is $3,370 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.17 acre lot.

This property is listed by Jeff Barber.

JB

Jeff Barber

License RRE-BRO-LIC-109439

Agent at Keller Williams Capital Realty

Listed by Keller Williams Capital Realty · Broker phone: (406) 449-2181 · View on Broker Site · Broker website

MLS# 30075490· Source: Montana Regional MLS· 97 days on PropertySimple

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

407 Madison Avenue, Helena, MT 59601

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